Act as your own central bank - you can build your own gold reserves | Lars Schall
In an exclusive interview for Matterhorn Asset Management / Gold Switzerland financial journalist Lars Schall spoke with Jan Skoyles of The Real Asset Company at the lack of transparency in the financial world; why people should pay attention to the gold reserves of their respective countries; some form of modern bi-metalism; and their campaign "Buy Britain's Gold Back".
January Skoyles was born in 1987. She has a degree in International Business and Economics from Aston University, with her thesis on the role of gold in the monetary system concerned. She has held an administrative role at Cheviot repossess Asset Management in London. Since September 2011 she has worked for The Real Asset Company, where she writes regularly on gold and financials. In May 2012, she initiated the campaign "Buy Britain's Gold Back", available at: http://therealasset.co.uk/buy-britains-gold-back/.
January Skoyles: Before my last year at university I had a summer job at Cheviot Asset Management as an administrative assistant. Here I met Ned Naylor-Leyland, who managed a precious metal funds in Cheviot. His opinions are often in demand in terms of the gold and silver markets, both of the precious metal media and the mainstream media. At the time I was looking for a topic for my final paper in my upcoming final year of studies in International Business and Economics. Ned convinced me to write about the use of precious metals in the monetary system. repossess
I wrote my thesis between October 2010 and May 2011, and around January around I knew that this was more than just an academic interest for me, I knew that it is a world where I wanted to be involved. One thing that is important to be noted is, that had never done during my economics studies at something "click", all based on models and ideal situations. Where were the people? Where were the historical examples of this theory in practice? Writing about precious metals in the monetary system led me to the discovery of the Austrian school of economics, and all of a sudden showed economics make sense to me.
JS: I think transparency in two areas regarding the precious metals. One is the lack of transparency in the conduct of governments repossess and banks in relation to the gold and silver markets. Currently, I am still relatively new to this area, I do not try too much to comment on the manipulation of the gold and silver markets. The second area is the lack of transparency in the education of individuals, the average investor or saver, repossess about the importance of understanding of money and why you should have a lot of assets in gold.
I find it frustrating when I the financial section of the newspaper open my weekend, the inevitable has a section on what types of savings are the best or what retirement is the safest. In the rare cases in which gold is mentioned, repossess it is ridiculed as a "traditional" investment, and they do not explain why, instead they cling to reasons why it is no longer safe for the investor today. Inevitably, they use short-term data and refer only to what happened to the price of gold during the Lehman bankruptcy. Rarely the mainstream media to refer to the value of gold and fiat money looks, they look at the returns that they have, instead of seeing the return of them (return of them). The other problem of course is that the mainstream -Gold not distinguish between physical gold and "paper".
JS: It seems as if there's a new story about the recent increase in demand for gold from one country every week, which has the greatest turmoil in the financial system so far resisted. For example, I wrote an article about the beginning of May, the demand for gold from Turkey. This is a country that is in the living history of the majority of his adult economically had some pretty bad times. As the financial storm clouds the country are getting closer and the government is trying to cope with a rising current account deficit, more people are turning increasingly to gold.
Turkish citizens keep at home, estimated at around 5,000 tonnes. This is more than Germany's Bundesbank and about 3,000 tons more than its own central repossess bank. These are serious investors. Even change the way in which they invest in gold, they turn to bullion and coins, instead of the once favored gold jewelry. repossess There are reports of huge gold transfers from Turkey to Iran. Of course w
In an exclusive interview for Matterhorn Asset Management / Gold Switzerland financial journalist Lars Schall spoke with Jan Skoyles of The Real Asset Company at the lack of transparency in the financial world; why people should pay attention to the gold reserves of their respective countries; some form of modern bi-metalism; and their campaign "Buy Britain's Gold Back".
January Skoyles was born in 1987. She has a degree in International Business and Economics from Aston University, with her thesis on the role of gold in the monetary system concerned. She has held an administrative role at Cheviot repossess Asset Management in London. Since September 2011 she has worked for The Real Asset Company, where she writes regularly on gold and financials. In May 2012, she initiated the campaign "Buy Britain's Gold Back", available at: http://therealasset.co.uk/buy-britains-gold-back/.
January Skoyles: Before my last year at university I had a summer job at Cheviot Asset Management as an administrative assistant. Here I met Ned Naylor-Leyland, who managed a precious metal funds in Cheviot. His opinions are often in demand in terms of the gold and silver markets, both of the precious metal media and the mainstream media. At the time I was looking for a topic for my final paper in my upcoming final year of studies in International Business and Economics. Ned convinced me to write about the use of precious metals in the monetary system. repossess
I wrote my thesis between October 2010 and May 2011, and around January around I knew that this was more than just an academic interest for me, I knew that it is a world where I wanted to be involved. One thing that is important to be noted is, that had never done during my economics studies at something "click", all based on models and ideal situations. Where were the people? Where were the historical examples of this theory in practice? Writing about precious metals in the monetary system led me to the discovery of the Austrian school of economics, and all of a sudden showed economics make sense to me.
JS: I think transparency in two areas regarding the precious metals. One is the lack of transparency in the conduct of governments repossess and banks in relation to the gold and silver markets. Currently, I am still relatively new to this area, I do not try too much to comment on the manipulation of the gold and silver markets. The second area is the lack of transparency in the education of individuals, the average investor or saver, repossess about the importance of understanding of money and why you should have a lot of assets in gold.
I find it frustrating when I the financial section of the newspaper open my weekend, the inevitable has a section on what types of savings are the best or what retirement is the safest. In the rare cases in which gold is mentioned, repossess it is ridiculed as a "traditional" investment, and they do not explain why, instead they cling to reasons why it is no longer safe for the investor today. Inevitably, they use short-term data and refer only to what happened to the price of gold during the Lehman bankruptcy. Rarely the mainstream media to refer to the value of gold and fiat money looks, they look at the returns that they have, instead of seeing the return of them (return of them). The other problem of course is that the mainstream -Gold not distinguish between physical gold and "paper".
JS: It seems as if there's a new story about the recent increase in demand for gold from one country every week, which has the greatest turmoil in the financial system so far resisted. For example, I wrote an article about the beginning of May, the demand for gold from Turkey. This is a country that is in the living history of the majority of his adult economically had some pretty bad times. As the financial storm clouds the country are getting closer and the government is trying to cope with a rising current account deficit, more people are turning increasingly to gold.
Turkish citizens keep at home, estimated at around 5,000 tonnes. This is more than Germany's Bundesbank and about 3,000 tons more than its own central repossess bank. These are serious investors. Even change the way in which they invest in gold, they turn to bullion and coins, instead of the once favored gold jewelry. repossess There are reports of huge gold transfers from Turkey to Iran. Of course w
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